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    927 Madison Ave New York, NY 10021

    Sponsored
    For Lease
    Contact for pricing

    Upscale Upper East Side Retail Space

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,200 square foot retail space is ideally situated on Madison Avenue in the heart of the Upper East Side. Boasting floor-to-ceiling windows offering stunning street views, this single-tenant property presents a unique opportunity for discerning businesses. Previously configured as an art gallery, the space benefits from its prime location, just one block from the soon-to-be Sotheby's (formerly Frick Madison). The property's prestigious address is complemented by an impressive roster of neighboring tenants, including high-end brands such as Apple, Nespresso, Golden Goose, Zimmermann, Frederic Malle, and Ralph Lauren. This ensures high foot traffic and exposure to a sophisticated clientele. The entire 1,200 square feet is currently vacant, providing a blank canvas for a new tenant to create their ideal retail environment. This is an unparalleled opportunity to establish a presence in one of Manhattan's most coveted retail corridors. The space's history as a gallery suggests adaptability to a variety of retail uses. The combination of location, size, and visibility makes this property an exceptional investment for a discerning business seeking a prominent Upper East Side address. New York County location.

    Property Features for 927 Madison Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF

    Unit(s) available at that property

    Space
    Second Floor
    Size
    1,200 SF

    HighLights

    • 1,200 square foot retail space on Madison Avenue in Manhattan.
    • Single‑tenant occupancy, currently vacant.
    • Located on the Upper East Side, near high‑end retailers including Apple, Nespresso, and Ralph Lauren.
    • Features floor‑to‑ceiling windows and was previously a gallery.
    • Situated one block from Frick Madison (soon to be Sotheby's).
    Property Profile Location Intelligence

    Current Use by Public Records

    Rene Fashion Ny ... Clothing Store

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9643917
    Latitude
    40.7728132

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    FAQs

    What type of property is this?
    Retail property - Upscale Upper East Side Retail Space
    Where is this retail property located?
    The property is located at 927 Madison Ave New York, NY.
    What are key features of this property?
    This property features: 1,200 square foot retail space on Madison Avenue in Manhattan.; Single-tenant occupancy, currently vacant.; Located on the Upper East Side, near high-end retailers including Apple, Nespresso, and Ralph Lauren.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    927 Madison Ave New York, NY 10021
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